3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP & CFO Steven Bate received 20,000 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP VP & Corp Controller Scott Schwausch had 950 shares withheld for taxes on vesting stock.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP President & CEO R Brian Hanson had 8,390 shares withheld for taxes on vesting stock.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP & COO, GeoVentures Ken Williamson had 4,560 shares withheld for taxes on vesting stock.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP SVP, Ocean Bottom Services Colin Hulme had 2,280 shares withheld for taxes on vesting stock.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP & COO, GeoScience Christopher Theron Usher had 7,463 shares withheld for taxes on vesting stock.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP-Gen Counsel & Corp Sec'y Jamey S Seely received 20,000 shares as part of the equity award.
3 Dec 2014director interest notice● Neutral
ION GEOPHYSICAL CORP President & CEO R Brian Hanson had 14,683 shares withheld for taxes on vesting stock.
19 Nov 2014director interest notice● Neutral
Gregory J Heinlein became a ION GEOPHYSICAL CORP Former SVP and CFO and company insider (initial ownership filing).
6 Nov 2014quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported a quarterly net loss of $24.5 million for the period ended 2014-09-30.
6 Nov 2014quarterly activities report▼ Bad
ION GEOPHYSICAL CORP reported a quarterly net loss of $24.5 million for the period ended 2014-09-30.
14 Oct 2014director interest notice● Neutral
Jamey S Seely became a ION GEOPHYSICAL CORP SVP-Gen Counsel & Corp Sec'y and company insider (initial ownership filing).
3 Sept 2014director interest notice● Neutral
ION GEOPHYSICAL CORP President & CEO R Brian Hanson bought 20,000 shares on the open market.
2 Sept 2014director interest notice● Neutral
David L Roland became a ION GEOPHYSICAL CORP SVP-Gen Counsel & Corp Sec'y and company insider (initial ownership filing).
25 Aug 2014debt financing● NeutralMajor
On August 22, 2014, ION signed a new PNC Bank-led credit facility replacing the 2010 China Merchants Bank facility. It allows up to $175.0M in total: a $125.0M revolver (lenders committed $80.0M, with $45.0M subject to accordion provisions and a borrowing base) plus an uncommitted term facility of up to $50.0M. Nothing was drawn at filing; revolver matures at the earlier of Aug 22, 2019 or 90 days before the 2018 notes mature (unless refinanced). It is secured by substantially all assets of the borrowers and limits dividends and buybacks.
7 Aug 2014quarterly activities report● Neutral
ION GEOPHYSICAL CORP reported a quarterly net income of $1.2 million for the period ended 2014-06-30.
7 Aug 2014quarterly activities report● Neutral
ION GEOPHYSICAL CORP reported a quarterly net income of $1.2 million for the period ended 2014-06-30.
3 June 2014director interest notice● Neutral
ION GEOPHYSICAL CORP SVP, Ocean Bottom Services Colin Hulme had 1,824 shares withheld for taxes on vesting stock.
3 June 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP & COO, Systems Division Steven Bate had 2,280 shares withheld for taxes on vesting stock.
21 May 2014agm notice● Neutral
ION GEOPHYSICAL CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
8 May 2014director interest notice● Neutral
ION GEOPHYSICAL CORP director James M Lapeyre Jr. bought 100,000 shares on the open market at $4.07.
1 May 2014quarterly activities report● Neutral
ION GEOPHYSICAL CORP reported a quarterly net income of $76.0 million for the period ended 2014-03-31.
1 May 2014quarterly activities report● Neutral
ION GEOPHYSICAL CORP reported a quarterly net income of $76.0 million for the period ended 2014-03-31.
10 Apr 2014securities registration● Neutral
ION GEOPHYSICAL CORP filed the final prospectus for a registered offering.
28 Mar 2014business combination● Neutral
ION filed Amendment No. 1 to its S-4 for an exchange offer, letting holders swap the $175.0M of 8.125% second-priority notes due 2018 (issued May 2013 in an unregistered sale) for identical notes registered with the SEC. This continues the Feb 2014 S-4 filing; the filing says ION gets no cash and no debt or capitalization change results. The offer's expiration date is still blank, so it is not yet effective.
20 Mar 2014auditor change● Neutral
ION dismissed Ernst & Young as its auditor on March 20, 2014, and engaged Grant Thornton for the year ending December 31, 2014; the Audit Committee approved the change. The filing states E&Y's reports for 2012 and 2013 were unqualified and there were no disagreements. The only reportable event was the 2013 cash flow presentation material weakness, which the filing says was reported as remediated at Dec 31, 2013. No reason for the change is given.
11 Mar 2014substantial holder notice● Neutral
St. Denis J. Villere & Company, L.L.C. reported a ION GEOPHYSICAL CORP shareholding of 3,514,104 shares (2.14% of votes) in a periodic institutional filing.
4 Mar 2014director interest notice● Neutral
ION GEOPHYSICAL CORP director Michael Jennings received 25,000 shares as part of the equity award.
4 Mar 2014director interest notice● Neutral
ION GEOPHYSICAL CORP EVP & COO, GeoScience Christopher Theron Usher received 20,000 shares as part of the equity award.
4 Mar 2014director interest notice● Neutral
ION GEOPHYSICAL CORP SVP, Ocean Bottom Services Colin Hulme received 15,000 shares as part of the equity award.